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Press release from PR Newswire

Morguard REIT Declares March 2012 Distribution of 8 Cents Per Unit

Thursday, March 15, 2012

Morguard REIT Declares March 2012 Distribution of 8 Cents Per Unit16:20 EDT Thursday, March 15, 2012 MISSISSAUGA, ON, March 15, 2012 /PRNewswire/ - Morguard Real Estate Investment Trust (TSX: MRT.UN) today announced that it has declared a distribution of 8 cents per unit for the month of March 2012.  The distribution will be payable on April 13, 2012 to unitholders of record as at March 30, 2012. Morguard REIT is a closed-end real estate investment trust, which owns a diversified portfolio of 53 high quality retail, office and mixed-use properties in Canada with an approximate value of $2.1 billion and comprising approximately 8.5 million square feet of leaseable space. SOURCE Morguard Real Estate Investment TrustFor further information: <p> Mr. K. (Rai) Sahi<br/> Chief Executive Officer<br/> Morguard Real Estate Investment Trust<br/> 55 City Centre Drive, Suite 1000<br/> Mississauga, ON<br/> L5B 1M3 </p> <p> T: 905 281-4800<br/> F: 905-281-4818<br/> Email: <a href="mailto:rsahi@morguard.com">rsahi@morguard.com</a> </p> <p> Website: <a href="http://www.morguardreit.com">www.morguardreit.com</a> </p>